Screener
CMF vs FCAL
iShares California Muni Bond ETF vs First Trust California Municipal High Income ETF
Key differences
Both CMF and FCAL are fixed income ETFs. CMF charges 0.08% a year and FCAL 0.49%. The main difference: CMF follows a index tracking strategy; FCAL uses active selection.
- CMF follows a index tracking strategy; FCAL uses active selection.
- CMF costs 0.41% less per year.
- CMF is much larger than FCAL. Larger funds are usually more liquid and less likely to close.
- CMF has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| CMF | FCAL | |
|---|---|---|
| Annual cost (TER) | 0.08% | 0.49% |
| Fund size (AUM) | $4.4B | $220M |
| Since | 2007 | 2017 |
| Dividend yield | 2.96% | 3.33% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | active selection |
| CAGR 1Y | +6.6% | +7.0% |
| CAGR 3Y | +3.3% | +3.7% |
| CAGR 5Y | +0.7% | +0.7% |
| Sharpe 3Y | -0.06 | 0.03 |
| Volatility 1Y | 2.79% | 2.70% |
| Max drawdown | -14.57% | -14.81% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.